The Euro Goes Boom, After ECB Hints At new Italian Bond Buying Campaign

Euro

Photo: markusram via Flickr

Europe isn’t done for the day!The euro just exploded highers after reports about the ECB being willing to buy Italian debt IF Berlusconi brings forth various reforms.

It just so happens that Burlesconi is going to speak at 1 PM ET (along with Fin Min Tremonti).

US equity markets are amaking a big comeback, but are still lower on the day.

The Dow is off 1.5%.

Don’t take your eyes off your screen.

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